Common use of Annual Base Rent Clause in Contracts

Annual Base Rent. Lessee shall pay Lessor as rent for the premises, the sum AS SHOWN ON ATTACHED RIDER ONE PARAGRAPH 41 , payable in advance, without deduction or set-off, in legal tender of the United States of America, on the first day of each and every calendar month of the term, at the offices of Xxxxxxxxx-Xxxxxx Company (hereinafter called the "Company"), The Diamond Building, 0000 Xxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxx 00000, or at such other place as Lessor may, from time to time, in writing designate. Any rent or other sums payable by Lessee to Lessor under this Lease which are not paid within five (5) days after they first become due, will be subject to a late charge of five percent (5%) of the amount due. Such late charges will be due and payable as additional rent on or before the next day on which an installment of rent is due. Any rent, late charges or other sums payable by Lessee to Lessor under this Lease which are not paid when due will bear interest at a rate equal to eighteen percent (18%) per annum, such interest to commence on the date that said payment was first due and payable, or, at the Lessor's election, if a late charge is assessed, fifteen (15) days after the date said payment was first due and payable. Such interest will be due and payable as additional rent on or before the next installment of rent and will accrue until paid from the date thereof.

Annual Base Rent. Lessee shall pay Lessor as rent for the premises, the sum AS SHOWN ON ATTACHED RIDER ONE PARAGRAPH 41 41, payable in advance, without deduction or set-off, in legal tender of the United States of America, on the first day of each and every calendar month of the term, at the offices of Xxxxxxxxx-Xxxxxx Company (hereinafter called the "Company"), The Diamond Building, 0000 Xxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxx 00000, or at such other place as Lessor may, from time to time, in writing writing, designate. Any rent or other sums payable by Lessee to Lessor under this Lease which are not paid within five (5) days after they first become due, will be subject to a late charge of five percent (55 %) of the amount due. Such late charges will be due and payable as additional rent on or before the next day on which an installment of rent is due. Any rent, late charges or other sums payable by Lessee to Lessor under this Lease which are not paid when due will bear interest at a rate equal to eighteen percent (18%) per annum, such interest to commence on the date that said payment was first due and payable, or, at the Lessor's election, if a late charge is assessed, fifteen (15) days after the date said payment was first due and payable. Such interest will be due and payable as additional rent on or before the next installment of rent and will accrue until paid from the date thereof.

Annual Base Rent. Lessee shall pay Lessor as rent for the premises, premises the sum AS SHOWN ON ATTACHED RIDER ONE PARAGRAPH 41 of $25,956.00 per year, in equal monthly installments of $2,163.00, payable in advance, without deduction or set-off, in legal tender of the United States of America, on the first day of each and every calendar month of the term, at the offices of Xxxxxxxxx-Xxxxxx Company (hereinafter called the "Company")Triad Realty, The Diamond BuildingLLC, 0000 Xxxxxxxx Xxxxxxxxxxx Xxxxxx, XxxxxxxxxX.X., Xxxxxx, Xxxx 00000, or at such other place as Lessor may, from time to time, in writing writing, designate. Any rent or other sums payable by Lessee to Lessor under this Lease which are not paid within five (5) days after they first become due, will be subject to a late charge of five percent (55 %) of the amount due. Such late charges will be due and payable as additional rent on or before the next day on which an installment of rent is due. Any rent, late charges or other sums payable by Lessee to Lessor under this Lease which are not paid when due will bear interest at a rate equal to eighteen percent (18%) per annum, such interest to commence on the date that said payment was first due and payable, or, at the Lessor's ’s election, if a late charge is assessed, fifteen (15) days after the date said payment was first due and payable. Such interest will be due and payable as additional rent on or before the next installment of rent and will accrue until paid from the date thereof.